November 18, 2016 - By Peter Erickson · 0 Comments
The stock of Univest Corporation of Pennsylvania (NASDAQ:UVSP) registered an increase of 1.25% in short interest. UVSP’s total short interest was 373,600 shares in November as published by FINRA. Its up 1.25% from 369,000 shares, reported previously. With 64,900 shares average volume, it will take short sellers 6 days to cover their UVSP’s short positions. The short interest to Univest Corporation of Pennsylvania’s float is 1.47%. About 43,863 shares traded hands. Univest Corporation of Pennsylvania (NASDAQ:UVSP) has risen 38.51% since April 18, 2016 and is uptrending. It has outperformed by 34.08% the S&P500.
Univest Corporation of Pennsylvania is a bank holding company. The company has a market cap of $741.76 million. The Firm owns all of the capital stock of Univest Bank and Trust Co. . It has a 30.85 P/E ratio. The Bank is a Pennsylvania state-chartered bank and trust company.
Insitutional Activity: The institutional sentiment increased to 3.91 in Q2 2016. Its up 2.18, from 1.73 in 2016Q1. The ratio is positive, as 5 funds sold all Univest Corporation of Pennsylvania shares owned while 25 reduced positions. 13 funds bought stakes while 39 increased positions. They now own 10.10 million shares or 9.14% more from 9.26 million shares in 2016Q1.
Tower Bridge holds 14,239 shares or 0% of its portfolio. D E Shaw accumulated 0% or 10,256 shares. Jpmorgan Chase And Co holds 0% of its portfolio in Univest Corporation of Pennsylvania (NASDAQ:UVSP) for 889 shares. Deutsche Bank Ag last reported 120,161 shares in the company. Pnc Financial Ser holds 0% or 1,433 shares in its portfolio. Kennedy Cap Mngmt Inc has invested 0.13% of its portfolio in Univest Corporation of Pennsylvania (NASDAQ:UVSP). Metropolitan Life Ny holds 0% or 14,803 shares in its portfolio. Monarch Partners Asset Mngmt Ltd Liability Corporation holds 30,120 shares or 0.06% of its portfolio. Bancshares Of Montreal Can, a Ontario – Canada-based fund reported 9,234 shares. Blackrock Ltd Liability Corp last reported 0% of its portfolio in the stock. Brandywine Global Invest Mngmt Ltd Company has 0% invested in the company for 5,460 shares. Bnp Paribas Arbitrage accumulated 737 shares or 0% of the stock. Moreover, Credit Suisse Ag has 0% invested in Univest Corporation of Pennsylvania (NASDAQ:UVSP) for 34,738 shares. Vanguard Group Incorporated last reported 0% of its portfolio in the stock. Logan Cap Mngmt holds 0.1% or 54,244 shares in its portfolio.
Insider Transactions: Since June 10, 2016, the stock had 1 buy, and 5 insider sales for $1.71 million net activity. $1.41 million worth of Univest Corporation of Pennsylvania (NASDAQ:UVSP) shares were sold by PETRO THOMAS M. Turner Michael L. sold $40,256 worth of stock or 2,000 shares. Another trade for 1,000 shares valued at $19,900 was bought by MOYER GLENN E. 10,000 shares were sold by Jackson Philip C., worth $231,000 on Monday, November 7.
Univest Corporation of Pennsylvania, incorporated on January 3, 1973, is a bank holding company. The Firm owns all of the capital stock of Univest Bank and Trust Co. (the Bank). The Bank is a Pennsylvania state-chartered bank and trust company. The Bank is engaged in the general commercial banking business and provides a range of banking and trust services to its customers. The Firm operates in three divisions: Banking, Wealth Management and Insurance. The Company’s Banking segment consists of commercial and consumer banking. The Banking segment provides financial services to consumers, businesses and governmental units. These services include a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking services and equipment lease financing. The Wealth Management segment consists of investment advisory services, retirement plan services, trust, municipal pension services and broker/dealer services. The Wealth Management segment offers trust and investment advisory services, guardian and custodian of employee benefits and other trust and brokerage services, as well as a registered investment advisory managing private investment accounts for both individuals and institutions. The Insurance segment consists of commercial lines, personal lines, benefits and human resources consulting. The Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, group life and health coverage, employee benefit solutions, personal insurance lines and human resources consulting. Through its wholly owned subsidiaries, the Bank provides various financial services to individuals, municipalities and businesses throughout its markets of operation.
More notable recent Univest Corporation of Pennsylvania (NASDAQ:UVSP) news were published by: Reuters.com which released: “BRIEF-Univest Corporation Of Pennsylvania – reports Q3 results” on October 26, 2016, also Globenewswire.com with their article: “Univest Corporation of Pennsylvania and Fox Chase Bancorp Receive Approvals …” published on June 14, 2016, Globenewswire.com published: “Univest Corporation of Pennsylvania to Acquire Fox Chase Bancorp” on December 08, 2015. More interesting news about Univest Corporation of Pennsylvania (NASDAQ:UVSP) were released by: Globenewswire.com and their article: “Univest Corporation of Pennsylvania – Univest Bank and Trust Co. – Reports …” published on October 26, 2016 as well as Seekingalpha.com‘s news article titled: “Univest Corporation of Pennsylvania’s (UVSP) CEO Jeff Schweitzer on Q3 2016 …” with publication date: October 30, 2016.
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By Peter Erickson